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Gates Industrial Fiscal Q4 Adjusted Earnings, Net Sales Fall; 2025 Adjusted EPS Outlook Issued
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Gates Industrial Fiscal Q4 Adjusted Earnings, Net Sales Fall; 2025 Adjusted EPS Outlook Issued
Feb 6, 2025 5:56 AM

08:31 AM EST, 02/06/2025 (MT Newswires) -- Gates Industrial ( GTES ) reported fiscal Q4 adjusted earnings Thursday of $0.36 per diluted share, down from $0.37 a year earlier.

Analysts polled by FactSet expected $0.33.

Net sales for the quarter ended Dec. 28 were $829.4 million, down from $863.3 million a year earlier.

Analysts surveyed by FactSet expected $827.5 million.

The company said it expects 2025 adjusted EPS of $1.36 to $1.52. Analysts surveyed by FactSet expect $1.51.

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